Book profit in Sesa Goa at Rs 340: Thacker

Published on Wed, Nov 11, 2009 at 10:13 |  Source : CNBC-TV18

Updated at Wed, Nov 11, 2009 at 11:21  

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Mitesh Thacker, Technical Analyst, miteshthacker.com

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Book profit in Sesa Goa at Rs 340, says Mitesh Thacker , Technical Analyst, miteshthacker.com.

Thacker told CNBC-TV18, "Sesa Goa has been doing very well; it corrected to levels of around Rs 280-285 and then bounced back. I think on the upside Rs 340-350 will be a very severe test for this stock. This stock after the announcement of the quarterly result fell down with a price gap, so that's the gap at around Rs 340 which will attract a lot of supply. So at Rs 340, I would advice people to book profit and get out of the stock."

  

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